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Home ShipmanagementLegal FSG – Opening of insolvency proceedings expected on 1st August

FSG – Opening of insolvency proceedings expected on 1st August

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An aerial view of the FSG yard

FSG – Opening of insolvency proceedings expected on 1st August

It is planned that the Flensburg District Court will open insolvency proceedings concerning Flensburger Schiffbau-Gesellschaft mbH (FSG) on 1st August.

As already publicised, the shipyard is in negotiations with Pella Sietas regarding a possible purchase of FSG. As the outcome of these consultations cannot yet be predicted, FSG is, at this point in time, unable to say whether and how many jobs can be saved. The workforce has been informed about this today in staff meetings. We are currently setting up a transfer company and will draw up knowledge and competence profiles together with all employees as part of their individual potential analysis.

Flensburg, 14th July, 2020

 

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